Encouraging Foreign Direct Investment (FDI) in Bangladesh’s Power Sector: The key factors for long-term investment sustainability (SpringerBriefs in Energy)

Preface
Contents
About the Author
Acronyms
Chapter 1: Introduction
	References
Chapter 2: Benefits and Costs of FDI
	2.1 Employment Effects of FDI
	2.2 Resource Transfer Effects of FDI
	2.3 Balance of Payment Effects
	2.4 Effect on Competition and Economic Growth
	2.5 Adverse Effects on Competition
	2.6 Adverse Effects on the Balance of Payments
	2.7 Effects on National Sovereignty and Autonomy of Host Countries
	2.8 Summary
	References
Chapter 3: An Overview of the Bangladesh Power Sector
	3.1 Post-Independence
	3.2 Post-2000
	3.3 The Sixth Five Year Plan
		3.3.1 Raise in Installed Power Generation Capacity
		3.3.2 Strategies Adopted in the Sixth Five-Year Plan to Meet the Development Targets
			3.3.2.1 Mobilization of Private Investment in Power Generation
			3.3.2.2 Power Sector Efficiency
			3.3.2.3 Power Trade
		3.3.3 Concerns of Achieving the Targets in the Sixth Five-Year Plan
		3.3.4 Progress of Sector Reforms in the Sixth Five-Year Plan
	3.4 Seventh Five-Year Plan
		3.4.1 Strategies for Attaining the Growth Targets in the Seventh Five-Year Plan
			3.4.1.1 Mobilizing IPPs
			3.4.1.2 Electricity Expansion through Renewable Energy
			3.4.1.3 Demand Side Management
		3.4.2 Structure of the Electric Power Sector of Bangladesh and Future Unbundling
		3.4.3 Progress Made in the Seventh Five-Year Plan
	3.5 The Eighth Five-Year Plan and Future Challenges for Achieving the Development Targets
	3.6 Summary
	References
Chapter 4: Determinants
	4.1 Four Areas of FDI Determinants
	4.2 Methodology
	4.3 General Results
	4.4 Regulatory
		4.4.1 Government Commitment to Contracts
		4.4.2 Land Acquisition/Rent/Lease
		4.4.3 Tax Exemptions
		4.4.4 Avoidance of Double Taxation
		4.4.5 Protection of Foreign Investors Act 1980
		4.4.6 Profit Repatriation Controls
		4.4.7 Presence of Government Guarantees
		4.4.8 Time and Efficiency of Staff to Complete Procedures
		4.4.9 World-Class Security Package
		4.4.10 Protection of Property Rights
		4.4.11 Quick Allocation of Work Permits
		4.4.12 Approval of Central Bank for Transferring Capital
		4.4.13 Environmental Regulations
		4.4.14 Need for Internationally Accepted Environment and Social Impact Assessment for Large Projects
		4.4.15 Property Registration
		4.4.16 Regulations on Health, Hygiene, and Safety of Workers
		4.4.17 Responsiveness of Needs and Time Frame of Investors
		4.4.18 Level of Administrative Competence
		4.4.19 Construction Permit
		4.4.20 Continuity and Consistency of Rules and Processes
		4.4.21 Bangladesh Arbitration Act 2001
		4.4.22 Regulation on Qualification of Personnel Who Supervise Construction
	4.5 Economic and Financial
		4.5.1 Economic Growth and Development
		4.5.2 Gas Transmission Line
		4.5.3 Government Spending for Infrastructure
		4.5.4 Financial Facilities
		4.5.5 Credit Facilities
	4.6 Political
		4.6.1 Coordination and Collaboration Between Ministries
		4.6.2 Accountability of Public Officials
		4.6.3 Control of Corruption
		4.6.4 Capacity to Adapt Policies
	4.7 Social
		4.7.1 Citizen Security and Accountability
	4.8 Summary
	Appendix
		Part 1: Semi-Structured Interview Questions for Finding the Factors and the Inhibitors Generating Power Sector FDI
		Part II: Personal Information
		Part III: Factors/Determinants Influencing FDI Decision Making in Bangladesh’s Power Sector
	References
Chapter 5: Barriers
	5.1 General Results
	5.2 Principle Barriers Impeding FDI in the Power Sector
		5.2.1 Long Approval Process of IPPs
		5.2.2 Inadequate Gas Transmission System
		5.2.3 Political Interferences
		5.2.4 Lack of Accountability of Public Officials
	5.3 Summary
	Appendix
		Part I. Obstacles/Barriers Influencing FDI Decision-Making in Bangladesh’s Power Sector
	References
Untitled
Chapter 6: Summary and Policy Implication
	6.1 Summary
	6.2 Policy Implication
		6.2.1 Making the Bid Evaluation Structured and Time-Constrained
		6.2.2 Use of Power Hubs
		6.2.3 Strengthening the Central Procurement Technical Unit (CPTU)
		6.2.4 Having Highly Professional and Reputed People Doing the Tender Evaluation and Award
		6.2.5 Exploration of Onshore and Offshore Gas Fields
		6.2.6 Development Plan and Renewable Target
		6.2.7 Priority Access to the Grid
	6.3 Suggestions for Future Research
	References
Index